UT regents approve Charlie Strong’s contract

UT’s board of regents on Monday approved a five-year deal worth more than $25 million for Strong, who was hired as the Longhorns’ new football coach on Jan. 5. Strong will begin with a salary of $5 million, with the contract calling for annual raises of $100,000.

Strong’s deal includes no buyout. If he is fired without cause before it expires, UT will owe him his entire salary.

The contract calls for bonuses of $100,000 each for a Big 12 title, a national championship game appearance and a national coach of the year award. Strong will receive a $250,000 bonus if he wins a national title.